• Skip to primary navigation
  • Skip to main content

Our Home Toronto

  • Home
  • About
  • Home Values
  • Must See Blog
  • Neighborhoods
    • Our Home Downtown Toronto
    • Our Home Rosedale
    • Our Home Cabbagetown
    • Our Home Moore Park
    • Our Home Forrest Hill
    • Our Home The Annex
    • Our Home Yorkville
    • Our Home Riverdale
    • Our Home Leaside
    • Our Home Hogg’s Hollow
    • Our Home North Toronto
    • Our Home Lawrence Park
  • Contact Us

James Metcalfe`s Toronto Real Estate Market Update August 2013

August 14, 2013 by James Metcalfe Leave a Comment

Total unit volume through the Toronto MLS® system in July was 8,544 – which represented a whopping 16% increase versus July 2012.This was the best July sales result since 2009 and was the third best July result on record. The strong sales performance can be attributed to the re-emergence of first-time buyers into the market. The average price of a GTA resale home in July was $513,246 – a healthy 8% increase versus the July 2012 average price of $475,523.

“Legally Speaking“ Reviews the SPIS (Seller Property Information Statements) as it pertains to risks.

“Personal Finances“  Reviews Mortgage Interest Tax Deductibility.

My take for August is we are in a Balanced … yet leaning to a Sellers Market in Toronto Centre.

…and a teaser from the ever popular “Pearls of Wisdom“ …  “Golf is a game in which you yell ‘fore’, shoot six, and write down five.”

Filed Under: Legal, Market Stats & Trends, Our Home Toronto Real Estate Newsletter, Your Next Move ... Up-Sizing / Down-Sizing Tagged With: James Metcalfe, OurHomeToronto, Toronto Market Update, Toronto Real Estate Trends

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

 
...another Fully Managed Website by Mike MuellerHi!
  • Home
  • About
  • Home Values
  • Must See Blog
  • Neighborhoods
  • Contact Us